TURBO TAX Question regarding trials

[idoitforthepong]

1. One thing I didn't see in turbo tax in prior years. This is when I was adding specific clinics for 1099-MISC (box 3) other income. not sure how to answer this (I said yes to both), any thoughts on implications either way?


Does one of these uncommon situations apply?

-I was in a research study and this was the payment

Did you perform a service to earn the money (insert clinic) paid you?



2. Another thing: For years I just filed my out of state trial earnings for my home state, then the last few years I realized I should be paying state income tax to all out of state clinics I went to, BUT now I see in box 17 of the 1099-misc that my home state is listed. Complicating things Covance (for example) is listed on 1099 as being in New Jersey (the headquarters). Heard different answers on this and not sure how to go about it.

[ac]

If you claim your study money as "other income" then you can't deduct expenses. You have to file as self employed contractor to deduct expenses but then you have to pay self employment tax which is expensive. You file state taxes in the state you earned the money not where the headquarters is.

[labrat1]

And lab rats are not employees but they pay taxes.